January 1985 The National Real Estate Stock Fund is formed as the first open-end mutual fund devoted to REITs and other real estate securities. Today, there are more than 200 dedicated real estate mutual funds tracked by Lipper. In 1986, Martin Cohen and Robert Steers found Cohen & Steers, which becomes the nation's largest REIT manager with more than $60 billion in assets under management, as of June 2017.

View a list of real estate mutual funds.

Nareit - Cohen Steers
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Watch a video with Martin Cohen discussing the launch of Cohen & Steers.